This was a well-written, if arch, and occasionally paternalistic/condescending anti-Trump volume. I'd still recommend reading it since the author does seem to hit upon some valuable insights - tying various disciplines together and drawing upon history for parallels to the current alarming political situation. However, it's people like Luce that created a monster like Trump in the first place. Neoliberalism didn't lead to the greatest good for the greatest number of people. It led to extreme income inequality. Luce doesn't have a solution - he's in the camp of those that made the neoliberal recommendations in the first place. There could have been a swing to a more egalitarian system, instead a phony like Trump got elected - yet another manifestation of the same "ruling class" albeit decked out as a populist, which is why Trump must continually play the race/religion/cultural card, in all its permutations, as well as evoke fear of the Other. Trump must play these head games with his audience/electorate because he's as phony as they get - no different from the GOP that drafted NAFTA and pushes for globalization. Perhaps the powers-that-be have gotten the message that the spoils of neoliberalism must be spread more equitably? For the time being, a wolf - Trump - has gotten into the barn and income inequality as a result of the tax bill, will get even worse. Will new jobs materialize, will they include high pay and benefits? That would be nice, but you didn't hear Trump earlier tonight (delivering his State of the Union address) extolling more pay, and the need for higher pay. Or pushing a pro-union agenda. No, Trump would never do that. The Democratic Party rebuttal though was excellent - why couldn't the Dems have enunciated their problems with neoliberalism during the 2016 campaign? And promised to do something about it? They didn't - instead they appeared stuck in the same paradigm that led to factories migrating South or East of the Border (Mexico or Asia). Unfortunately the lack of new ideas led to people voting for a racist clown - perhaps the only thing they had left was the fake and racist "hope" that he would deport millions of immigrants and thus their jobs would then be available for the citizens - a recipe for disaster since there already are millions of unfilled jobs in the US (i.e. there's a labor shortage if anything).
Here are some quotes from the book:
"[Putin described] ... the dissolution of the Soviet Union as the 'greatest geopolitical tragedy of the twentieth century.'"
"Barrington Moore, the American sociologist, famously said, 'No bourgeoisie, no democracy.'"
"The emergence of China is the most dramatic event in economic history."
"...liberal democracy's strongest glue is economic growth."
"If seventy-seven thousand Midwestern votes had gone the other way Hillary Clinton would now be president."
"...a new era in which China would aspire to be the responsible global citizen."
"[Xi Jinping said at Davos in January 2017:] 'No one will emerge as a winner from a trade war.'"
"From barely a statistical rounding error in 1978 with less than 1 percent of global trade, China rose to become in 2013 the world's leading trading nation with almost a quarter of its annual flows."
"Since 1970, Asia's per-capita incomes have increased fivefold. ... The West's median income, meanwhile, has barely shifted in the last half-century."
"For roughly seven centuries, between 1100, shortly after the Norman Conquest, and 1800, when the Industrial Revolution took off, China accounted for roughly a quarter of the global economy - and an even higher share of its estimated production."
"The British East India Company ... suppressed Indian textile production, which had led the world. Indian silks were displaced by Lancashire cotton. Chinese porcelain was supplanted by European 'china.' Both suffered from variations on what Britain later called Imperial Preference, which forced them to export low-value raw materials to Britain, and import expensive finished products, thus keeping them in permanent deficit."
"[In the 1990s] Bill Clinton, the then US president, said globalisation was 'the economic equivalent of a force of nature, like wind or water'."
"By 2050 - a century after its communist revolution - China's economy is likely to be twice the size of America's and larger than all the Western economies combined. ... And by then, India's economy will be roughly the same size as America's."
"[Apple] ... shuttered its last US production facility in 2004."
"Today, the US median income is still below where it was at the beginning of this century."
"The asset value of the world's leading billionaires has risen fivefold since 1988."
"...rising incomes for the bulk of society...[is] what we now refer to as the Golden Age of Western middle-class growth between the late 1940s and the early 1970s..."
"With the exception of most of the 1990s, productivity growth has never recaptured the rates it achieved in the post-war decades."
"...the costs, both material and psychological,that we pay for stagnation."
"[During] The golden decades of the postwar era... ....the share of the US economic pie divided between labor and capital was 70/30."
"America...which had traditionally shown the highest class mobility of any Western country, now has the lowest. ... The meritocratic society has given way to a hereditary meritocracy."
"About one in four of the richest Americans attended an elite university, compared with less than half of 1 percent of the bottom fifth."
"...today's poor... are being silently priced out of their homes. ...falling victim to creeping gentrification."
"The rich and the poor no longer live near each other, and the middle class is hollowing out."
"...the murder rate has fallen by 16.7 percent in the US cities since the turn of the century, while rising by 16.9 percent in the suburbs..."
"...every single one of America's 593 wealthiest counties, almost all of them urban, voted for Hillary Clinton. The remaining 2623 counties, most of them suburban or small-town, went for Donald Trump."
"...our multicultural cities...epitomise our oligarchic reality."
"As the city's essential workers, its senior police officers and school heads are priced out of town, they are replaced by wealthy cosmopolitans who divide their lives between different locations."
"The new residents then lock in their gains by restricting land use, which keeps values high."
"Rather than being shaped by those who live there full-time, the characters of our biggest cities are increasingly driven by the global super-rich as a place to park their money."
"A third of Americans who graduated in STEM subjects (science, technology, engineering and maths) are in jobs that do not require any such qualification."
"...thousands of engineers ...cannot find work."
"...there are more Americans and British working behind the wheel today than employed in manufacturing jobs."
"Between 1870 and 1970 - the century of the West's greatest productivity growth - incomes grew far faster than ever experienced."
"...artificial intelligence threatens to eat the whole world's lunch."
"...the informal jobs market. ...[accounts] ....for all of jobs growth since the Great Recession."
"All of America's new jobs have been generated by independent work, which has risen by 7.8 percent a year."
"Such work does not provide healthcare or matching retirement contributions."
"Almost half of Americans would be unable to pay a $400 medical emergency bill without going into debt."
"McKinsey says almost half of existing jobs are vulnerable to robots."
"Populists have little to say about automation, though it is a far larger threat to people's jobs than trade."
"In place of the march toward truth, we had reality-TV politics."
"Just as the West's support for the Afghan jihad against the Soviets in the 1980s laid the ground for the rise of Islamist terrorism, so America's Faustian post-9/11 pacts with autocratic regimes helped sow the seeds for the world's current democratic recession."
"Much of the exemplary work America had done to promote civic exchanges and facilitate dissent behind the Iron Curtain during the Cold War was undone by the cavalier way in which Bush's Coalition Provisional Authority set about democratising Iraq."
"[Since 2008] China's development banks pumped billions of dollars into Africa, Central Asia and Latin America - often displacing Western-dominated global institutions, such as the World Bank, and the Asian Development Bank."
"Beijing now runs more than five hundred Confucius Institutes worldwide."
"It is easier than before to make the case that America's liberal -democratic discourse is a cover for its geopolitical interests."
"The [Chinese] Communist Party's traditional view on US democracy is that America's moneyed classes engineer the victory of the candidate who can best defend the interests of capital. The process is always a sham."
"Failure to diagnose the reasons for Mrs. Clinton's defeat will only make Trump's re-election more likely."
"Donald Trump consciously stokes racist sentiment..."
"...by giving a higher priority to the politics of ethnic identity than people's common interests, the American left helped to create what it feared."
"...blue-collar whites.... ....yearn for the security of a lost age."
"Sooner or later the established parties were likely to pay a price for writing off whole chunks of their electorates as bigoted."
"...racism is not the root cause of the rise of Western populism."
"The populist right only began to do really well at the ballot box after they began to steal the left's clothes."
"In continental Europe, the more generous the welfare system, the more bitter the reaction against immigrants."
"Trump was deadly earnest when he said 'I love the poorly educated.'"
"Without higher growth, the return of racial politics looks set to continue."
"We are on a menacing trajectory brought about by ignorance of our history, indifference towards society's losers and complacency about the strength of our democracy. It has helped turn society into a contest of ethnic grievances, in which 'awakened whites' -as the alt-right now call them - are by far the largest minority."
"The [EU's] system of anonymous committees that set the rules for its member states - from the minutest product regulations to the limits of tax and spending - is virtually impervious to democratic control."
"Politicians promise one thing and do another."
"What if middle America has become so cynical about the truth that it will take its script from a political version of pro wrestling?"
"There is no need to ban books if people are not reading them. If the people are entertained, they will also be docile."
"...it is character, rather than laws, which upholds a system."
"Without a plural society democracy loses its foundation."
"[America] ...has ...devalued its global credibility by prosecuting reckless wars in the false name of democracy."
"...on the eve of the Second World War.... Keynes [said of his views of twenty years earlier], 'We were not aware that civilization was a thin and precarious crust erected by the personality and the will of a very few, and only maintained by rules and conventions skilfully put across and guilefully preserved.'"
"It has been Washington's fixed view since the end of the Cold War that it will do whatever it takes to ensure America's enduring primacy in the Asia Pacific."
"...in the 1990s. China kept growing yet showed no signs of endorsing multi-party democracy."
"It is conceivable Trump is possessed by some kid of morbid spirit."
"Bush Junior's preemptive wars badly damaged America's unipolar credentials. Trump's victory has smashed them to pieces. It is questionable whether Humpty Dumpty can be put together again."
"Trump's animating spirit is to make a demoralized American middle class feel better about itself. His goal is to channel rage, not cultivate knowledge."
"...Trump is shaping up to be the most sordid leader American has produced."
"Trump is too narcissistic to change for the better. The stability of the planet - and the presumption of restraint - will have to rest in the hands of Xi Jinping and other powerful leaders."
"The degree of public trust in [the US and Britain] ... enabled their wartime governments to commandeer resources and direct them to a common end, through voluntary means rather than by coercion."
"Trust is the glue of a successful free society; fear is the currency of the autocrat."
"The surge of bytes in a networked world favors cyber-chaos. ...we are entering a period where instability is growing and the center will struggle to hold."
"Today [the nuclear] ... arsenals [of the United States and Russia] stand at roughly a tenth of where they were at their peak."
"Under Putin, Russia is far less of a responsible nuclear custodian than it was during the post-Cuba [missile crisis] decades."
"The line between reality and virtual reality is blurring."
"...Donald Trump lacks any such trust. He is far more likely to be a source of wild propaganda than a check on it."
"For populists, facts are either with them or against them."
"[Putin's] ...goal is European disunity. It is an aim he shares with Trump."
"The free movement of peoples is now threatened by the populist backlash against the dramatic increase of outside arrivals."
"Trump is inverting .... The link between an America that upheld its system at home and promoted it abroad. The mor scorn he pours on democratic traditions at home, the more he endangers them abroad."
"The crisis of Western democracy is also a crisis of international relations."
"Western liberal democracy ... is facing its gravest challenge since the Second World War. ... At home and abroad, America's best liberal traditions are under assault from its own president."
"Some time during the 1960s, the Western left abandoned the politics of solidarity to embrace one of personal liberation."
"Republicans have spent the last forty years stoking white anxiety while ignoring the white working classes' economic insecurities - or making them worse."
"Almost 60 percent of the US labor force are now paid hourly wages rather than annual incomes."
"When peole lose trust that society is treating them fairly, they drift into a deeper culture of mistrust."
"Depending on the society, most of the West is moving either towards populism or plutocracy. In some cases, such as the US, it is falling into a kind of hybrid pluto-populism that looks increasingly Latin American."
"Trump was supposed to have led a revolt against the elites. In practice, he wasted little time in laying out a tax-cutting and deregulatory banquet for their delectation."
"...protecting society's weakest from arbitrary misfortune is the ultimate test of our civilizational worth."
"Ancient thinkers always thought the rich posed a greater threat to the republic than the poor: they cling on far more tenaciously to what they have. 'No tyrant ever conquered a city because he was poor and hungry,' said Aristotle."
"[China] ..is an immensely sophisticated country that is far more versatile than is so often portrayed."
"People have lost faith that their systems can deliver. More and more are looking backwards to a golden age that can never be regained."
"The conditions that enabled [Trump's] ...rise are only likely to deteriorate during his time in office. We should also fear whatever may follow Trump. Imagine how things would look with a competent and sophisticated white nationalist in the White House."